Bathing Box 60, Brighton, is part of the iconic beach strip containing the colourful beach sheds.Source:Supplied

Bathing Box 60 had been on the market with a price guide of $270,000-$297,000. It was due to go under the hammer at 3.30pm on December 2 but a local family headed off the contest with their record offer 48 hours before the auction.

Ms Gregory said the white, yellow and blue-stripped box had been owned by one family for many years.

“They make for a brilliant social catalyst,” Ms Gregory said.

“And they’re a terrific investment too when it comes to capital growth. About 35 years ago I bought one for $3200.”

Ms Gregory said buyers could expect to see beach boxes on the market through to the end of February, but owners often aimed to sell before Christmas.

Bathing Box 60 was one of several pocket-sized beach pads on the market.